thecryptobasic.com
An official of the Shiba Inu ecosystem team has expressed that SHIB could engineer a miraculous comeback in the next few days to crack its all-time high before the Bitcoin halving.
This view came from Lucie, Shiba Inu’s marketing specialist. Lucie conveyed her optimism about Shiba Inu’s performance in a recent post on X. She disclosed that she had bought Shiba Inu’s dip amid the asset tanking by over 23% to $0.000023 within the last seven days
“Bought the DIP, my lovely SHIB,” Lucie remarked.
Bought the DIP 🥰😍
My lovely $SHIBIf someone can pull miracle recovery it’s $SHIB
I’m expecting ATH soon before or shortly after BTC halving
nfa pic.twitter.com/lOXoHgHWUl— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼♀️ (@LucieSHIB) March 20, 2024
The screenshot accompanying the post suggested the Shiba inu marketer reaccumulated SHIB tokens at around $0.000024 with $989.08. Lucie expressed great satisfaction buying Shiba Inu’s dip, noting she expects a “miracle recovery” soon.
Moreover, Lucie stated she expects Shiba Inu to crack its 2021 all-time high in the coming weeks. Her expectation is before or immediately after the Bitcoin network undergoes the much-expected halving.
Shiba Inu Cracking ATH Before Bitcoin Halving
According to CoinMarketCap data, Shiba Inu’s value peaked on October 28, 2021, at $0.00008845. However, at its current price of $0.00002549, SHIB is 71.47% down from its ATH.
Notably, the crypto community expects Bitcoin to halve by April 20, precisely a month from now. Accordingly, Shiba Inu must rally by 247% within the next 30 days to attain the ATH of $0.00008845, as the Shiba Inu team member anticipates.
Interestingly, within the available timeframe, the required growth percentage is not far from what is obtainable for Shiba Inu. For instance, SHIB soared by over 350% from around $0.0000094 to a new year-to-date peak of $0.00004534 within eight days.
The performance attracted widespread admiration, as SHIB outperformed eight leading digital assets to re-enter the top ten. Despite the recent market-wide downturn, Shiba Inu retains most of its gains from the explosive rallies.
As a result, the Shiba Inu representative expressed confidence in SHIB’s ability to establish another stunning price gain within the next few days.
“If someone can pull miracle recovery, it’s SHIB,” Lucie remarked.
As The Crypto Basic has reported, Lucie has similarly conveyed conviction that Shiba Inu would someday attain a price of $0.01.
As reported today, Shiba Inu’s official X account boldly predicted taking over the Dogecoin market cap with Secret Wags. Shiba Inu currently boasts a market cap of $14 billion. Meanwhile, Dogecoin’s market valuation is currently sitting at $19 billion. Shib market cap is currently 1.25x less than Doge. Shiba Inu should reach a price of $0.0000325 to take over the current Doge marketcap.